Two studies from Alight Solutions indicate that there's a disconnect between how much financial help workers think they should be getting from their employers and how much help those employers think they should give.

According to the 2017 Financial Mindset Study and the 2018 Hot Topics in Retirement & Financial Wellbeing report, workers consistently said they want more help across a variety of financial topics than employers believe they should offer, beyond basic retirement savings and insurance services.

Even for basic services, employees are out there ahead of employers:

  • 88% of employees say bosses should provide help saving for retirement, compared with 84% of employers.
  • 84% of workers want help in getting disability insurance, compared with 71% of employers.
  • 81% of workers want help getting life insurance, while just 68% of employers think they should provide that help.

 

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.